Equipment Finance

At LMCT Finance, we understand how difficult purchasing the equipments you need to operate your business can be & we’ve made it convenient

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What is Equipment Finance?

A loan facility that helps businesses to purchase their required equipment to operate and grow without paying the total money altogether. This allows them to conserve their financial resources and provides a suitable and flexible way to attain the equipment essential for success.

The financing can include everything from heavy machinery and industrial equipment to office furniture and computer systems, and it offers a number of benefits that make it an attractive option for many businesses.

Benefits of Equipment Finance

1. Cash flow conservation

Equipment finance will allow your business to obtain the equipment needed without spending cash reserves, which could be necessary to spend on other business needs. So, the financial need is fulfilled as well as the cash is reserved for other business needs.

2. Flexibility

Equipment finance offers flexible repayment terms, including the choice of the repayment period, interest rate, and payment frequency. So, you can easily upgrade your business equipment with the flexibility to grow your business.

3. Off-balance sheet financing

Equipment finance is typically structured as an off-balance sheet financing, meaning it will not appear on the company’s balance sheet as a liability. So, this can improve the company’s debt-to-equity ratio and credit profile.

4. Tax Benefits

Equipment finance also provides tax benefits, which can save business owners money in the long run as the interest paid on equipment finance is tax-deductible.

5. Upgraded technology

Equipment finance will qualify your businesses to get upgraded equipment with the latest technology to remain competitive in the industry. So, with the highly efficient model, increased productivity can also be achieved.

Why Choose LMCT?

There are many reasons why LMCT Finance is a good choice. We have a professional and experienced staff of finance brokers to assist you in making the suitable financial decision. In addition, we are accredited with a wide range of mainstream and alternative asset finance lenders to find a competitive and personalised offer for our clients.

Conclusion

In conclusion, equipment finance is an easy and quick solution to get equipment for your growing business. By acquiring the latest and upgraded equipment, you can increase the efficiency and productivity of your business and grow it in the competitive industry.